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Finances

Investors rush to withdraw their savings during a stock market crash, circa 1929. (Photo by Hulton Archive/Getty Images)
Investors rush to withdraw their savings during a stock market crash, circa 1929. (Photo by Hulton Archive/Getty Images)
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The 1929 Stock Market Crash

The stock market had been on a nine year run increasing profits tenfold. The market peaked at 381.17 on September 3, 1929 just 26 days before the crash.

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Tom Egelhoff, Host of Open For Business - Saturdays 11AM to 2PM on AM 1450 KMMS and AM  1340 KPRK.
Tom Egelhoff, Host of Open For Business - Saturdays 11AM to 2PM on AM 1450 KMMS and AM 1340 KPRK.
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Mike McCormick & Tom Egelhoff talk Debt Ceiling and Government Shutdown on Open for Business

In case you might have missed the show, Mike McCormick joined Tom Egelhoff last Saturday on "Open for Business" for a discussion on the debt ceiling, government shutdown, how the markets will react and what that means to your bank account.

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Piggy bank
iStock
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How to Set a Budget And Stick To It

My first step was to determine how much debt we actually had and how we were going to have to put ourselves on a money diet.

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WASHINGTON - AUGUST 22:  The best-selling book "Natural Cures" by Kevin Trudeau stands on display at a Borders bookstore August 22, 2005 in Washington, DC. Trudeau was formerly jailed for fraud and ordered by the U.S. government to stop selling health products through television infomercials.  (Photo by Mark Wilson/Getty Images)
WASHINGTON - AUGUST 22: The best-selling book "Natural Cures" by Kevin Trudeau stands on display at a Borders bookstore August 22, 2005 in Washington, DC. Trudeau was formerly jailed for fraud and ordered by the U.S. government to stop selling health products through television infomercials. (Photo by Mark Wilson/Getty Images)
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Kevin Trudeau: He Just Might Be The Best Crook Ever

Info pitchman Kevin Trudeau is one of those folks. And, he’s the crook that no one seems to be able to stop. He’s been fined, jailed for short periods of time but just keeps coming back.

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The Powerball jackpot for tonight's drawing is $425 million, the third-highest total ever.  (Photo by Scott Olson/Getty Images)
The Powerball jackpot for tonight's drawing is $425 million, the third-highest total ever. (Photo by Scott Olson/Getty Images)
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What Would You Do If You Won The Lottery?

Once again the Powerball Lottery is over $400 million dollars. I have my ticket. Will I be on the edge of my seat, waiting for tonight’s drawing?

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Flickr Photostream by Public Information Office City of Marietta, GA
Flickr Photostream by Public Information Office City of Marietta, GA
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Your Unseen Sales Force

One of the interesting topics that always comes up during my business seminars is how to improve the bottom line and increase sales.

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Flickr Photostream by La Melodie
Flickr Photostream by La Melodie
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What’s The Best Investment? — YOU!

Most people don’t usually think of themselves as an investment. Don’t you have a vested interest in where your life is headed?

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This photograph taken January 22, 2001 in Austin, TX shows Procter and Gamble and Coca Cola products. Procter and Gamble is joining forces with The Coca-Cola Co. to form a new, as yet unnamed company which will develop and market new snacks and juice beverages worldwide. Existing P&G and Coke products - including P&G's Pringles and Sunny Delight brands and Coke's Minute Maid, Hi C and Fruitopia brands - will be marketed through the new venture. Coke and P&G will each own 50 percent of the new company. Veteran Coke executive Don Short has been named CEO of the new company, and a management team will be named soon. (Photo by Joe Raedle/Newsmakers)
This photograph taken January 22, 2001 in Austin, TX shows Procter and Gamble and Coca Cola products. Procter and Gamble is joining forces with The Coca-Cola Co. to form a new, as yet unnamed company which will develop and market new snacks and juice beverages worldwide. Existing P&G and Coke products - including P&G's Pringles and Sunny Delight brands and Coke's Minute Maid, Hi C and Fruitopia brands - will be marketed through the new venture. Coke and P&G will each own 50 percent of the new company. Veteran Coke executive Don Short has been named CEO of the new company, and a management team will be named soon. (Photo by Joe Raedle/Newsmakers)
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Why The Stock Market Is Important To You

Try to project how much money you will need to retire at a specific age and create a plan to make that happen. Living well in the present isn’t worth living poorly in the future.

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The National Debt on September 18, 2008 just five years ago.
The National Debt on September 18, 2008 just five years ago.
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When Will The Bubble Burst?

We’ve experienced recessions, depressions, housing slumps, gas lines, currency devaluation and more over the past 150 years. One doesn’t need a crystal ball to know that history will certainly repeat itself.

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NEW YORK, NY - APRIL 04:  People yell during a protest for better wages for fast food workers outside a McDonald's restaurant in Harlem on April 4, 2013 in New York City. Organizers said hundreds of fast food workers were expected to walk off the job today from establishments including Wendy's, McDonald's and KFC to rally for better pay and union rights.  (Photo by Mario Tama/Getty Images)
NEW YORK, NY - APRIL 04: People yell during a protest for better wages for fast food workers outside a McDonald's restaurant in Harlem on April 4, 2013 in New York City. Organizers said hundreds of fast food workers were expected to walk off the job today from establishments including Wendy's, McDonald's and KFC to rally for better pay and union rights. (Photo by Mario Tama/Getty Images)
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What Part of The Economy Do You Not Understand?

For McDonalds to pay a “living wage” to full or even part time employees is a little hard to compute when you are looking at the dollar menu.

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